NELFUND REAFFIRMS COMMITMENT TO DEVELOPING TECH-DRIVEN STUDENT LOAN ACCESS

The Nigerian Education Loan Fund, NELFUND, has reaffirmed its commitment to developing a technology-driven system to enhance easy and equitable access to student loans. 

The Managing Director of NELFUND, Akintunde Sawyerr, gave the assurance on Tuesday in Abuja while addressing representatives from Polytechnics, Monotechnics, and Institutes during a Stakeholders Engagement Session and Technical Workshop on NELFUND System Automation and Loan Application Processes.

Sawyerr assured that the fund is working towards a seamless and transparent platform that allows students to confidently access loans without unnecessary stress.

Emphasizing that NELFUND's mission goes beyond disbursing loans, aiming to open doors for young Nigerians to learn and grow, regardless of their background or location, he urged institutions to partner with the Fund to build a system that is functional, sustainable, and transformative.

Sawyerr revealed that over 320,000 students have so far received funding, with more verifications underway, adding that NELFUND is exploring ways to simplify the application process, including integrating directly with institutional portals, to ensure more students access the loan.

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